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Job Matching, Wage Dispersion, and Unemployment (Hardcover)
Loot Price: R2,198
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Job Matching, Wage Dispersion, and Unemployment (Hardcover)
Series: IZA Prize in Labor Economics
Expected to ship within 12 - 17 working days
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Dale T. Mortensen and Christopher A. Pissarides are the recipients
(with Peter Diamond) of the Nobel memorial Prize in Economics 2010.
They have made path-breaking contributions to the analysis of
markets with search and matching frictions, which account for much
of the success of job search theory and the flows approach in
becoming a leading tool for microeconomic and macroeconomic
analysis of labor markets. Both scientists have gained
groundbreaking insights through individual as well as joint
research. Consequently, this volume not only features several
papers which helped shape the equilibrium search model, including
some early contributions which have initiated the research on what
is known today as the search and matching model of the labor
market, but it also presents a joint paper by the IZA Prize
Laureates, which is a complete statement of the equilibrium search
and matching model with endogenous job creation and job
destruction. As part of the IZA Prize Series, the book presents a
selection of their most important work which has highly enriched
research on unemployment as an equilibrium phenomenon, on labor
market dynamics, and on cyclical adjustment.
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